Brazil’s CBA Posts R$ 164M Loss as EBITDA Drops 47%
3 Key Points — CBA posted a net loss of R$ 164 million ($31M) in Q4 2025, nearly tripling the year-ago loss of R$ 56 million, as accounting effects from energy futures contracts and foreign-exchange hedging instruments overwhelmed operating improvements. — Adjusted EBITDA fell 47% year-over-year to R$ 257 million ($49M) but rose 10% sequentially […]
Black News 
3 Key Points — CBA posted a net loss of R$ 164 million ($31M) in Q4 2025, nearly tripling the year-ago loss of R$ 56 million, as accounting effects from energy futures contracts and foreign-exchange hedging instruments overwhelmed operating improvements. — Adjusted EBITDA fell 47% year-over-year to R$ 257 million ($49M) but rose 10% sequentially […]
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